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Tuesday, June 14, 2022

#Tech #Stocks in The News; Sector Snapshot on #SaaS - (OTC: $BZWR) (NYSE: $TOST) (NYSE: $TWLO) (OTCQB: $QGSI) @BizWarriorLIFE @twilio @quantgate

#Tech #Stocks in The News; Sector Snapshot on #SaaS - (OTC: $BZWR) (NYSE: $TOST) (NYSE: $TWLO) (OTCQB: $QGSI) @BizWarriorLIFE @twilio @quantgate

Vancouver, BC, June 14, 2022 – Investorideas.com, a global news source and expert investing resource covering tech and fintech issues a sector snapshot on the SaaS (software as a service) market featuring Business Warrior Corp. (OTC: BZWR), a SaaS company providing small businesses in the United States with a suite of data-driven marketing and next-generation, funding solutions to boost local market dominance.

Read this article, featuring BZWR in full at https://www.investorideas.com/news/2022/technology/06141SaaS-BZWR-TOST-TWLO-QGSI.asp

According to the latest research by SkyQuest Technology, the Global SaaS Market was valued at USD 143.77 Billion in 2021 and it is expected to reach USD 720.44 Billion by 2028, with a CAGR of 25.89% during the forecast period of 2022 - 2028.

Business Warrior Corp. (OTC: BZWR) just announced the acquisition of Alchemy Technologies, a global FinTech software as a service (SaaS) company. The acquisition strengthens Business Warrior’s core marketing and lending software while expanding the Company’s brand and services to meet global demand.

From the news: Alchemy specializes in creating end-to-end, cloud native lending experiences for other FinTech companies, merchants and banks. The company installs its core solution to a number of different verticals, including: Personal loans, Point of Sale Financing, Health and Beauty Financing, Construction Loans, Solar and Home Improvement Financing, Small Business Lending, Skillset Financing and Crowdfunding Platforms.

In working with Alchemy to develop its Business Warrior Funding lending platform earlier this year, Business Warrior identified Alchemy as an attractive acquisition opportunity, noting its operational and financial performance.

Alchemy is a global company with customers in six different countries and territories, the United States, Mexico, United Arab Emirates, Australia, United Kingdom and Puerto Rico. In 2021, Alchemy generated total revenues of $2.8 million. The company is on track to add additional revenue and projects full-year 2022 revenues to increase by 77% compared to 2021.

"After working with Alchemy, we quickly realized the massive potential of adding this international group of industry leaders to the Business Warrior team," explains Business Warrior President Jonathan Brooks. "With our Business Warrior platform, premium marketing, and now a global lending technology presence, we are building solutions that propel the success of small businesses."

As a subsidiary of Business Warrior, Alchemy will remain under its current brand name and will continue to support its clients and internal teams. Alchemy and its more than 30 full-time employees and over 100 full-time contracted developers will be an independently managed subsidiary of Business Warrior. This acquisition expands the Business Warrior team to 157 professionals focused on a singular mission: to be the source for success and long-term growth for small businesses through marketing technology and unique funding solutions. Alchemy Founder and CEO, Timothy Li, will join Business Warrior as the Global Head of Technology, where he will work alongside the Business Warrior executive team. Li, who has an extensive background and is a recognized expert in the FinTech industry, previously worked as a Chief Information Officer and as a Chief Risk Officer for JP Morgan Chase, Loan Depot, and Realty Mogul.

"We are so excited about joining the Business Warrior family! This move provides Alchemy with the additional resources, tools and capital necessary to enhance our service to customers," states Li. "Both companies believe small business owners are the lifeline of local communities. By bringing Alchemy and Business Warrior together, the positive impact on these communities is going to be worldwide."

Randy Schmidt, formerly the COO of Alchemy, will transition into the role of Senior Vice President of Alchemy and will lead its internal team moving forward.

The value of the deal at closing is $8.75 million with $2.25 million in cash and $5 million in preferred stock with a 7%, three-year cash dividend. In addition, $450,000 in restricted common stock will go to existing Alchemy employees that will vest over 24 months.

Looking at growth and investor interest in the SaaS sector, Forbes just reported “In 10 years, SaaS funding has grown by almost seven times and outpaced the growth of overall venture capital funding by almost six times.

“Just last year alone, 27 SaaS companies went public, representing around $225 billion of market capital. One of the reasons there is so much investor interest in software is because the use cases for it continue to grow rapidly, spanning a wider range of industries than previously imagined.”

One of the SaaS companies that went public last year was Toast (NYSE: TOST), a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a single platform of software as a service, or SaaS, products and financial technology solutions that give restaurants everything they need to run their business across point of sale, operations, digital ordering and delivery, marketing and loyalty, and team management.

Research and Markets reports, “SaaS allows an organization to run an application at minimal upfront cost and speeds up overall functionality of the organization. Major players in the Software as a Service (SaaS) market are Salesforce, ServiceNow, Microsoft, Google, Cisco, Slack, Adobe, Oracle, Amazon AWS, DocuSign, Zendesk, Dropbox, ADP, Atlassian Confluence, Shopify, Workday, Hubspot, SAP, IBM, Box, Concur, JIRA, GitHub, GoToMeeting, Twilio (NYSE: TWLO) , CoupaSoftware, Xero and Zuora.”

Positioning for future growth in the SaaS market, Twilio (NYSE: TWLO) recently announced Joyce Kim will be joining the company as Chief Marketing Officer, reporting to President of Revenue, Elena Donio. As Chief Marketing Officer, Kim will lead global marketing as the company executes its vision of becoming the leader in the emerging customer engagement category.

“It’s a crucial time for Twilio as we look to scale and embrace the unique opportunity to define a new category in technology,” said Elena Donio, President of Revenue. “With decades of experience across SaaS product positioning, demand generation and large scale developer community engagement, Joyce’s expertise directly lends itself to leading Twilio’s growing, global marketing organization. Joyce brings a great energy to Twilio, and I can’t wait to see what she builds.”

Another small player in the space, QuantGate Systems Inc. (OTCQB: QGSI), an Artificial Intelligence, Machine Learning, SaaS-based Fintech solutions provider recently announced that it has entered into a Joint Venture agreement with Infocorp Computer Solutions Ltd. a leader in payments and system integration for the public sector with Municipal and State/Provincial clients across North America, to develop and market fintech solutions globally.

From the news: The joint venture will aim to develop and distribute fintech solutions for the global financial services market. The two companies have complementary strengths and share a common goal of providing innovative solutions that meet the needs of their customers.

For investors following SaaS stocks and industry moves; start-ups, VC funding, acquisitions and smart money are betting big on this trend.

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Breaking #Technology #Stock News: GBT’s (OTCPK: $GTCH) New Approach #ALU (Arithmetic Logic Unit), Nonprovisional Patent Published on June 2, 2022

Breaking #Technology #Stock News: GBT’s (OTCPK: $GTCH) New Approach #ALU (Arithmetic Logic Unit), Nonprovisional Patent Published on June 2, 2022

San Diego, CA, June 14, 2022 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”), announced that its new approach Arithmetic Logic Unit (“ALU”) microchip IP, non-provisional patent application #17109889, was published with the United States Patent and Trademark Office (“USPTO”) on June 2, 2022.

Read this in full at https://www.investorideas.com/CO/GOPH/news/2022/06141Arithmetic-Logic-Unit.asp

An ALU is a circuit that performs arithmetic and logical operations. In a way, the ALU is the “calculator” part within the computer and typically included within a CPU/GPU integrated circuit. The ALU is designed to calculate different operations and the entire computer system's speed depends on its capability to execute arithmetic and logic operations. With technology advancements over the years, ALUs have become more advanced and powerful to ensure complex operations and the entire system performance depends on it. Modern processing IC’s include multiple ALUs with a capability for applying multi-processing operations to increase their throughput.

GBT patent seeks to protect a new ALU system and method to significantly speed up instructions handling, arithmetic and logic computing processes. It is believed that the entire processor IC performance can be exponentially increased using multi-ALUs with the goal of creating new, powerful computing systems and architectures. The ALU concept includes new architecture circuitries and data flow to work within the new architecture with the goal of executing in a specific way in order to achieve much higher processing speed. The technology seeks to address ALU instructions that can be executed individually and/or in parallel. GBT plans to further research in this area to break ground within the supercomputing arena.

"Integrated Circuits firms are constantly looking for new ways to deliver faster performance through increased number of cores (Parallelization), higher memory capacity, better power management and faster interconnectivity. Then there is the manufacturing approach, which is shrinking transistor’s size, increasing density to boost performance and reduce power. Process scaling becomes more challenging due to physics rules, taking significantly longer time, and with significant cost increase, along with extended time to market. The payback is higher performance, lower power consumption and the capability to add more features.

We are looking to provide a out-of-the-box solution in computing power performance which currently is still limited by the rules of physics. Since arithmetic and logic operations within processing ICs are a crucial factor for speed, we developed a new approach to the ALU. The new system and method introduces a different circuitry and machine language (Flow) to perform a much faster computation in an efficient algorithmic method. The new ALU is designed to work with other semiconductor processing units to achieve superior speed and computing power. The patent application seeks to protect a different methodology within the basic ALU calculations handling, with the goal of making computers faster, with better exploitation of parallel processing, and pre-computation instructions execution. As part of our constant R&D efforts to find new methods to improve our modern world’s computing power, especially for advanced machine learning algorithms, we are seeking to develop new ideas to enable high performance Arithmetic/Logic processing. The nonprovisional patent application was published on June 2, 2022, and we plan to design an experimental, POC microchip and test its performance against traditional ALUs in the near future," provided Danny Rittman the Company’s CTO.

There is no guarantee that the Company will be successful in researching, developing or implementing this system. In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Monday, June 13, 2022

#AIEye #Podcast 705: #Stocks discussed: (NasdaqGM: $LNTH) (NasdaqGM: $VERI) #artificialintelligence

#AIEye #Podcast 705: #Stocks discussed: (NasdaqGM: $LNTH) (NasdaqGM: $VERI) #artificialintelligence

Lantheus Announces Study Results for its PYLARIFY AI, and Veritone to Sponsor Snowflake Summit 2022

Global AI Market to Reach $1.58T by 2030

Vancouver, Kelowna, Delta, BC – June 13, 2022 – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/061322-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/06131LNTH-VERI.asp

Hear the Ai Eye on Spotify

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGM:LNTH) (NasdaqGM:VERI)

Lantheus Holdings, Inc. (NasdaqGM:LNTH) has announced study results regarding the PYLARIFY AI – its FDA-cleared artificial intelligence (AI) platform developed to assist in standardized quantification of PSMA PET/CT scans. According to the press release, the results “demonstrated the higher efficiency and consistency of the PYLARIFY AI platform while maintaining the diagnostic accuracy of PSMA imaging in prostate cancer.” Jean-Claude Provost, Interim Chief Medical Officer, Lantheus, said:

“Lantheus is leading the way in harnessing the power of AI and machine learning technologies, together with our game-changing PSMA-targeted PET imaging agent PYLARIFY, to potentially transform the way that clinicians manage and treat prostate cancer. Previous studies have shown how this technology can have utility as a complementary diagnostic tool, and with these results we continue to demonstrate PYLARIFY AI’s reliability, its ability to improve workflow and how it can be applied to our mission to Find, Fight and Follow prostate cancer to improve patient outcomes.”

Veritone, Inc. (NasdaqGM:VERI) has announced its sponsorship of the Snowflake Summit 2022, described as a flagship event running June 13 to 16 in Las Vegas that focuses on the "World of Data Collaboration."” Greg Loose, Veritone’s aiWARE COO, commented:

"As a key technology partner of Snowflake, we are proud to sponsor this premier event. With Veritone’s aiWARE and the Snowflake Data Cloud, Snowflake customers are leveraging AI-powered analytics to tap into hard-to-reach, unstructured data sources such as video, images, audio, and text. The event not only underscores these benefits but also gives attendees access to hundreds of technical, data and business experts about what is possible and next for enterprises in the data cloud."

Global AI Market to Reach $1.58T by 2030

Research published by Valuates Reports finds that the global Artificial Intelligence market is projected to grow from $65.48 billion in 2020 to $1.58 trillion by 2030, registering a compound annual growth rate (CAGR) of 38 percent from 2021-30. An excerpt from the report summary outlines the significance of AI in Automotive as a market driver:

Artificial intelligence has a wide range of applications in the automotive industry. AI is currently being used in the automotive industry, in areas such as design, supply chain, production, and post-production. Furthermore, AI is being used in 'driving assistance' and 'driver risk assessment' systems, which is revolutionizing the transportation industry. Artificial intelligence is also revolutionizing aftermarket services such as predictive maintenance and insurance. Thus, the increasing adoption in the automotive industry is expected to drive the growth of the Artificial intelligence market.

Sam Mowers, Investorideas.com

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Following the Money in #SaaS (software as a service) – (OTC: $BZWR) (NYSE: $TOST) (NYSE: $TWLO) (OTCQB: $QGSI) @BizWarriorLIFE @twilio @quantgate

Following the Money in #SaaS (software as a service) – (OTC: $BZWR) (NYSE: $TOST) (NYSE: $TWLO) (OTCQB: $QGSI) @BizWarriorLIFE @twilio @quantgate

Investors, VC and Business Betting on the Future

Vancouver, BC, June 13, 2022 – Investorideas.com, a global news source and expert investing resource covering tech and fintech issues a sector snapshot on the SaaS (software as a service) market featuring Business Warrior Corp. (OTC: BZWR), a SaaS company providing small businesses in the United States with a suite of data-driven marketing and next-generation, funding solutions to boost local market dominance.

Read this article, featuring BZWR in full at https://www.investorideas.com/news/2022/technology/06131SaaS.asp

Randy Schmidt, formerly the COO of Alchemy, will transition into the role of Senior Vice President of Alchemy and will lead its internal team moving forward.

For investors following SaaS stocks and industry moves; start-ups, VC funding, acquisitions and smart money are betting big on this trend.

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About Investorideas.com

About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

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Tuesday, June 14, 2022

#Tech #Stocks in The News; Sector Snapshot on #SaaS - (OTC: $BZWR) (NYSE: $TOST) (NYSE: $TWLO) (OTCQB: $QGSI) @BizWarriorLIFE @twilio @quantgate

Breaking #Technology #Stock News: GBT’s (OTCPK: $GTCH) New Approach #ALU (Arithmetic Logic Unit), Nonprovisional Patent Published on June 2, 2022

Monday, June 13, 2022

#AIEye #Podcast 705: #Stocks discussed: (NasdaqGM: $LNTH) (NasdaqGM: $VERI) #artificialintelligence

Following the Money in #SaaS (software as a service) – (OTC: $BZWR) (NYSE: $TOST) (NYSE: $TWLO) (OTCQB: $QGSI) @BizWarriorLIFE @twilio @quantgate